FanDuel Predicts is the sportsbook's answer to Kalshi: a standalone app, launched December 2025, where the contracts are listed on CME Group exchanges and your account sits with FanDuel Prediction Markets LLC, a registered futures broker. Finance, economics, crypto and culture markets run nationwide; sports contracts appear only in states where FanDuel's sportsbook can't operate, which is the entire commercial point. The fee is 2% of potential payout, the age is 18, and existing FanDuel customers skip re-verification.
How it's built
Unlike Kalshi or Novig, FanDuel didn't register its own exchange. It became a futures commission merchant (FCM) and connected to CME, the world's largest derivatives exchange, which lists the event contracts. The practical effects: CME's rulebook settles disputes, liquidity on some markets comes from CME's institutional participants, and FanDuel's own exposure to state lawsuits is different from Kalshi's because the instrument is listed on an exchange no state is going to try to shut.
Markets
- Everywhere: financials (index levels, rates), economics (CPI, jobs), crypto prices, culture.
- Sports, select states only: game lines, totals, props and combos, in states without legal online sports betting: California, Texas, Georgia, Florida and similar. Where FanDuel Sportsbook already operates, the app generally doesn't offer sports.
FanDuel has also linked up with Crypto.com and OG for combo products.
Fees, worked
2% of potential payout means 2¢ per contract whatever the price, since every contract pays $1.
| Price | FanDuel Predicts fee | As % of stake | Kalshi taker fee |
|---|---|---|---|
| 80¢ | 2¢ | 2.5% | 1.12¢ |
| 50¢ | 2¢ | 4% | 1.75¢ |
| 20¢ | 2¢ | 10% | 1.12¢ |
A flat fee is simple and competitive on favourites; it's punishing on longshots, where 2¢ on a 20¢ contract is a tenth of your stake. If you like buying cheap contracts, this isn't the venue.
Money and account
Fund by debit card, Apple Pay or online banking. FanDuel brings sportsbook-grade consumer tools: deposit limits, time-outs, self-exclusion. The welcome offer has been $100 in bonus for trading $1 on five consecutive days; the bonus is non-withdrawable and expires 24 hours after it lands, so it's a nudge, not a bankroll.
Who it's for
Someone in California, Texas, Georgia or Florida who wants to trade on games with a familiar sportsbook-quality app and doesn't care about longshots. Kalshi offers the same states with a lower fee curve and more categories; FanDuel Predicts offers polish and the CME name. For finance and economics markets anywhere, it's a credible alternative to Kalshi.
Structure, fee and availability per FanDuel's disclosures as summarised by VegasInsider and Legal Sports Report (October 2026).